NOT LISTED FOR SALE

396 E 16th St Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated Value: $1,328,000 - $1,712,619

6 Beds
3 Baths
2,592 Sq Ft
$586/Sq Ft Est. Value

Sale Details

Date Sold: May 11, 2022

Last sale price $1,325,000 $511 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,763 / mo

Highlights

  • Wood Flooring
  • 1-minute walk to Cortelyou Road
  • Back Yard
  • Ditmas Junior High school Rated A-

About This Home

As of May 2022

This 2,600 SF 2-family property features an owners duplex on the ground and second floors and a second unit on the 3rd floor. The owners duplex includes 3 bedrooms and 2 bathrooms, large living and dining areas, a spacious eat-in-kitchen, and washer/dryer. The 3rd floor unit features 3 bedrooms and 1 bathroom, an eat-in kitchen, and separate living and dining rooms. The house also includes a full basement and backyard patio perfect for entertaining guests. This home has great potential and is in a great neighborhood. Located on the same block as the Q train at the Cortelyou Road station and surrounded by dozens of great restaurants, shopping, and houses of worship. Also, just minutes from the Flatbush Food Co-Op, a community-owned grocery store perfect for grabbing all organic and natural foods. Do not miss the chance to see this opportunity in person. Call us today!

Last Agent to Sell the Property

Melanie Kishk

Century 21 MK Realty Listed on: 04/22/2021

Last Buyer's Agent

Melanie Kishk

Century 21 MK Realty Listed on: 04/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,687

Year Built

  • Built in 1901

Lot Details

  • 1,500 Sq Ft Lot
  • Lot Dimensions are 75 x 20
  • Back Yard

Interior Spaces

  • 2,592 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,687

Year Built

Built in 1901

Lot Details

1,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 42.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cortelyou Rd
  • Cross Street Name2: Dorchester Rd
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other, None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 2592
  • Building Stories: 3
  • Street Name I D X: 16th
  • Withdrawal Type: Temporarily off Market
  • Year Built: 1901
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Hardwood
  • Lot Sq Ft: 1500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 18
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 75
  • Lot Size Width: 20
  • Zoning: R6A

Tax Info

  • Flip Tax Amount: 6687.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 11, 2022
Sold by
Boykin Jason
Bought by
Lane Saskia and Porta Julian
Seller's Agent
Melanie Kishk
Century 21 MK Realty
Buyer's Agent
Melanie Kishk
Century 21 MK Realty
Sold Price
$1,325,000
Current Estimated Value
$1,518,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,155
Avg. Annual Appreciation
3.46%
Original Mortgage
$1,181,500
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1995
Sold by
Doherty Bridget
Bought by
Boykin Jason and Boykin Daphne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,400
Interest Rate
8.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Lane Saskia $1,390,000 --
Boykin Jason $165,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Lane Saskia $1,181,500
Previous Owner Boykin Jason $164,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2022 05/11/22 Sold $1,325,000 -- $511 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $7,999 $114,540 $22,560 $91,980
2025 $7,546 $105,060 $22,560 $82,500
2024 $7,546 $82,980 $22,560 $60,420
2023 $7,199 $95,640 $22,560 $73,080
2022 $5,007 $101,280 $22,560 $78,720
2021 $6,741 $84,840 $22,560 $62,280
2019 $6,257 $79,740 $22,560 $57,180
2018 $5,724 $29,539 $8,408 $21,131
2017 $5,381 $27,867 $8,231 $19,636
2016 $5,261 $27,867 $8,963 $18,904
2015 $2,951 $27,657 $13,349 $14,308
2014 $2,951 $26,092 $15,106 $10,986
Source: Public Records

Agents Affiliated with this Home

  • Melanie Kishk

    Seller's Agent in 2022

    Melanie Kishk

    Century 21 MK Realty

    (718) 415-8800

    3 in this area

    68 Total Sales

    Melanie Kishk
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 450376

Brooklyn Board of REALTORS®

APN: 05158-0018

New York Kings County Brooklyn 11226 Ditmas Park

396 E 16th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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